All Courses
Get the App Signup / Login
Sign in Open App
Year 11 Exam  >  Year 11 Tests  >  Economics for GCSE/IGCSE  >  Test: Supply-Side Policy - Year 11 MCQ

Test: Supply-Side Policy - Year 11 MCQ


Test Description

10 Questions MCQ Test Economics for GCSE/IGCSE - Test: Supply-Side Policy

Test: Supply-Side Policy for Year 11 2024 is part of Economics for GCSE/IGCSE preparation. The Test: Supply-Side Policy questions and answers have been prepared according to the Year 11 exam syllabus.The Test: Supply-Side Policy MCQs are made for Year 11 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Supply-Side Policy below.
Solutions of Test: Supply-Side Policy questions in English are available as part of our Economics for GCSE/IGCSE for Year 11 & Test: Supply-Side Policy solutions in Hindi for Economics for GCSE/IGCSE course. Download more important topics, notes, lectures and mock test series for Year 11 Exam by signing up for free. Attempt Test: Supply-Side Policy | 10 questions in 20 minutes | Mock test for Year 11 preparation | Free important questions MCQ to study Economics for GCSE/IGCSE for Year 11 Exam | Download free PDF with solutions
Test: Supply-Side Policy - Question 1
Save

Which of the following is NOT a goal of supply-side policies?

Detailed Solution for Test: Supply-Side Policy - Question 1
Supply-side policies aim to mitigate inflationary pressures rather than increasing inflation.
Test: Supply-Side Policy - Question 2
Save

What effect does a successful implementation of supply-side policies have on economic growth?

Detailed Solution for Test: Supply-Side Policy - Question 2
Successful supply-side policies lead to an expansion in potential national output, accelerating economic growth.
1 Crore+ students have signed up on EduRev. Have you? Download the App
Test: Supply-Side Policy - Question 3
Save

How do supply-side policies impact unemployment rates?

Detailed Solution for Test: Supply-Side Policy - Question 3
Effective supply-side policies typically result in a reduction in unemployment rates as increased output demands more labor.
Test: Supply-Side Policy - Question 4
Save

What does disinflation of supply-side policies?
Detailed Solution for Test: Supply-Side Policy - Question 4

Disinflation refers to a slowdown in the rate of inflation, often achieved through enhanced supply.

Test: Supply-Side Policy - Question 5
Save
Which measure is NOT typically considered a supply-side policy?
Detailed Solution for Test: Supply-Side Policy - Question 5
Supply-side policies usually involve decreasing direct taxes to stimulate economic activity.
Test: Supply-Side Policy - Question 6
Save
What aspect of income distribution can be worsened by supply-side policies?
Detailed Solution for Test: Supply-Side Policy - Question 6
Supply-side policies can exacerbate income inequality by potentially lowering wages and reducing government tax revenue.
Test: Supply-Side Policy - Question 7
Save
How do supply-side policies affect the current account balance?
Detailed Solution for Test: Supply-Side Policy - Question 7
Enhanced supply tends to reduce prices, making exports more competitive and improving the current account balance.
Test: Supply-Side Policy - Question 8
Save
Which economic indicator is directly boosted by successful supply-side policies?
Detailed Solution for Test: Supply-Side Policy - Question 8
Successful supply-side policies lead to an expansion in real Gross Domestic Product (rGDP).
Test: Supply-Side Policy - Question 9
Save
What potential drawback is associated with the implementation of supply-side policies?
Detailed Solution for Test: Supply-Side Policy - Question 9
Income distribution can worsen due to reduced worker wages and changes in tax policies under supply-side reforms.
Test: Supply-Side Policy - Question 10
Save
Why might the implementation of supply-side policies face challenges?
Detailed Solution for Test: Supply-Side Policy - Question 10
There are significant time lags between implementing supply-side policies and realizing their economic benefits, such as from education and training initiatives.
71 videos|82 docs|39 tests
Join Course
Information about Test: Supply-Side Policy Page
In this test you can find the Exam questions for Test: Supply-Side Policy solved & explained in the simplest way possible. Besides giving Questions and answers for Test: Supply-Side Policy, EduRev gives you an ample number of Online tests for practice

Top Courses for Year 11

71 videos|82 docs|39 tests
Join Course
Download as PDF

Top Courses for Year 11

Important Questions for Supply-Side Policy

Find all the important questions for Supply-Side Policy at EduRev.Get fully prepared for Supply-Side Policy with EduRev's comprehensive question bank and test resources. Our platform offers a diverse range of question papers covering various topics within the Supply-Side Policy syllabus. Whether you need to review specific subjects or assess your overall readiness, EduRev has you covered. The questions are designed to challenge you and help you gain confidence in tackling the actual exam. Maximize your chances of success by utilizing EduRev's extensive collection of Supply-Side Policy resources.

Supply-Side Policy MCQs with Answers

Prepare for the Supply-Side Policy within the Year 11 exam with comprehensive MCQs and answers at EduRev. Our platform offers a wide range of practice papers, question papers, and mock tests to familiarize you with the exam pattern and syllabus. Access the best books, study materials, and notes curated by toppers to enhance your preparation. Stay updated with the exam date and receive expert preparation tips and paper analysis. Visit EduRev's official website today and access a wealth of videos and coaching resources to excel in your exam.

Online Tests for Supply-Side Policy Economics for GCSE/IGCSE

Practice with a wide array of question papers that follow the exam pattern and syllabus. Our platform offers a user-friendly interface, allowing you to track your progress and identify areas for improvement. Access detailed solutions and explanations for each test to enhance your understanding of concepts. With EduRev's Online Tests, you can build confidence, boost your performance, and ace Supply-Side Policy with ease. Join thousands of successful students who have benefited from our trusted online resources.
© EduRev
Education Revolution
Follow Us
Signup to see your scores go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup